Officials with Midland-based chemical company Dow have announced plans to reduce the company’s global workforce by about 1,500, or about 4%, but the local impact is unknown.

Real gross domestic product (GDP) increased at an annual rate of 2.3 percent in the fourth quarter of 2024 (October, November ...

MIDLAND, Mich. (WNEM) - Dow Inc. announced it is cutting 1,500 jobs globally in an effort to cut costs. The company made the announcement on Thursday, Jan. 30.

Stock futures are mixed Thursday morning as investors react to a barrage of earnings reports from major companies and important economic indicators.

For 2025, the slight decline in revenue the company expects contrasts with the current FactSet consensus of $66.01 billion, which is 1.9% above 2024 revenue of $64.81 billion. Net income for the ...

The job cuts and cost reduction will be "very targeted at lower margin regions," Dow CFO Jeff Tate said. When asked if that included high-cost operations in Europe, Tate replied "that's a fair ...

UPS said it reached an agreement in principle with its largest customer to lower its volume by more than 50% by the second half of 2026. In UPS's latest annual report, the company singled out ...

MIDLAND, Mich. - Dow Inc. (NYSE: NYSE:DOW), a global materials science company with a market capitalization of $28.84 billion, has disclosed a series of measures aimed at achieving $1 billion in cost ...

MIDLAND, Mich., Jan. 30, 2025 -- Dow Inc. (NYSE: DOW) today announced targeted actions to deliver $1 billion in cost savings.

Lazard reported higher earnings in the fourth quarter, with revenue boosted by its financial-advisory unit. The financial-services company said Thursday that profit came in at $86.3 million, or 80 ...

Dow Inc.’s stock rose 2% early Thursday, after the material-sciences company said it’s cutting 1,500 jobs as part of a ...

Midland-based Dow is eliminating 1,500 jobs around the world as part of a plan to cut $1 billion worth of spending.